Where has all the skewness gone? The decline in high-growth (young) firms in the U.S.

By Ryan A. Decker, John C. Haltiwanger, Ron S. Jarmin, Javier Miranda. 2015

352 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/da8dd7e9221c2e72f39528f11786570db4034569

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Citations in the corpus

A Model of Secular Stagnation: Theory and Quantitative Evaluation (2019, background): “63See, for example, Philippon and Gutierrez (2016), CEA (2016), and Decker et al. (2016).”
Changing Business Dynamism and Productivity: Shocks vs. Responsiveness (2018, background): “Decker et al. (2016) report wide cross-sector variation in patterns of reallocation: retail trade 5 For example, see Alon et al. (2017), who quantify the productivity implications of declining entry. exhibits the strongest decline during the 1980s and 1990s, while information and high-tech saw…”
Declining Competition and Investment in the U.S. (2017, neutral): “In fact, Decker et al. (2015) argue that, whereas in the 1980s and 1990s declining dynamism was observed in selected sectors (notably retail), the decline was observed across all sectors in the 2000s, including the traditionally high-growth information technology sector.”
Process innovation in small- and medium-sized enterprises: The critical roles of external knowledge sourcing and absorptive capacity (2020, background): “…innovative and technologically advanced products; strong usage of state-of-theart technology and methods of production; and a large proportion of highly skilled and technology-oriented workers, such as scientists, engineers, and technicians (e.g., Decker et al., 2016; Hecker, 1999, 2005).”
Are US Industries Becoming More Concentrated?* (2019, neutral): “Decker et al. (2014) examine the labor market shift from young to mature firms, and argue that information technology has provided advantage for large multinational firms by allowing for better coordination of supply and chain network across multiple locations.”
What Happened to US Business Dynamism? (2019, methodology): “We follow Decker et al. (2014) in defining job creation and destruction rates, which in turn are based on the firmlevel employment-growth measure proposed by Davis, Haltiwanger, and Schuh (1996), ametric that takes a value in [22, 2].”
Market Power and Innovation in the Intangible Economy (2019, background): “Bijnens and Konings (2018), documenting a decline in Belgian business dynamism that resembles trends established for the U.S. by Decker et al. (2016), remark that the decline is strongest in industries with a higher IT intensity.”
Myth-busting and entrepreneurship policy: the case of high growth firms (2017, result): “Similar studies in the US (Decker et al. 2015) and several European economies have replicated”
Declining Labor and Capital Shares (2020, background): “Decker et al. (2016) show a secular decline in job creation and destruction rates since 1980.”
Industry Concentration in Europe and North America (2019, background): “9 The trends were initially documented for the US; see, for example, Decker et al. (2014) and Decker et al. (2016).”
The Nature of Firm Growth (2017, positive): “In fact, they complement Decker et al. (2018) who find evidence for declining responsiveness in among recent cohorts.”